Riverside Waste Machinery Sells Shredding Division to UNTHA

Riverside Waste Machinery, based in the United Kingdom, has sold its waste shredding division to the Austrian manufacturer UNTHA.

According to a press release announcing the sale, combining UNTHA’s technological development capability with Riverside’s knowledge of the U.K. marketplace and shredding application expertise will prove beneficial for both customers and staff.

Chris Oldfield, Riverside’s founder, will take over as managing director for UNTHA UK. Peter Streinik, UNTHA’s head of sales, also will take a management role with the new division.

Commenting on the new company, managing director Oldfield says, “This is a very exciting time for us. Riverside has come a long way since its inception in 1997, and we’ve been able to work in some very complex markets. But as we spot more and more opportunities in the U.K.’s waste and recycling industry, it makes sense to collaborate our resources, technical knowledge and client expertise, so that we can offer an unparalleled level of product and service.

“We’ll continue to work with clients with varying shredding requirements and applications, but due to the highly innovative nature of our technology, we’ll be well-equipped to deal with the more complicated arenas of hazardous and confidential waste, RDF, SRF and anaerobic digestion.”

UNTHA’s chief executive Alois Kitzberger says, “We have known for some time that the U.K. is an incredibly lucrative marketplace. We have seen the successes that Riverside has had and look forward to being able to add value to their UK offering. We believe the level of service that we will now be able to provide clients throughout the U.K., will be unrivalled.

For more information on UNTHA, visit http://www.untha.com/en.